New orders in manufacturing decreased by 0.8 per cent year-on-year in May 2023
release | New orders in manufacturing 2023, MayAccording to Statistics Finland, the value of new orders in manufacturing was 0.8 per cent lower in May 2023 than twelve months earlier. During January to May, orders decreased by 5.5 per cent from the year before.
Key selections
- Orders decreased in the chemical industry and paper industry.
- Orders increased in the metal industry.
Changes in the examined main industries
In May, enterprises received more new orders than twelve months ago in the metal industry, where orders increased by 5.3 per cent year-on-year. In other manufacturing main industries new orders decreased. Orders decreased by 9.1 per cent in the chemical industry and by 13.4 per cent in the manufacture of paper and paper products compared to the previous year.
When interpreting these statistics, it should be borne in mind that they typically show strong fluctuations by month. Even new orders of substantial value are not examined over extended time periods but for the statistical reference month only.
Figures
New orders in manufacturing, trend series by industry (TOL 2008), 2005M01-2023M05
Year-on-year change in new orders in manufacturing 2021M05-2023M05 (original series), % (TOL2008)
Tables
Change in the latest month, cumulative change and change by three-month period, year-on-year (original series), % (TOL 2008)
Database tables
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- Standard Industrial Classification (TOL 2008)
- Standard Industrial Classification (TOL 2008)
- Revision